Char.gy Certified as a B Corporation: A Major Milestone in Purpose-Driven Business

Press Release: November 21, 2024

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Char.gy Certified as a B Corporation: A Major Milestone in Purpose-Driven Business
LONDON, UK. November 21st, 2024 - Char.gy, a leading UK operator of electric vehicle charging points, is proud to announce its certification as a B Corporation, placing it among a global movement of businesses committed to balancing profit with purpose. This certification demonstrates Char.gy’s dedication to delivering positive social and environmental impact alongside financial success.

The certification, awarded by B Lab, the non-profit behind the B Corp movement, requires businesses to meet rigorous standards of social and environmental performance, accountability, and transparency. For Char.gy, this milestone underscores its mission to create a sustainable EV charging network that is accessible to all, driving the UK’s transition to greener transport.

Char.gy operates a growing network of over 3,600 public charging points across the UK, all powered by 100% renewable energy backed by Renewable Energy Guarantees of Origin (REGOs). The company focuses on supporting the 40% of UK households that lack access to off-street parking, providing convenient, affordable charging on residential streets. This aligns with Char.gy’s goal of enabling over one million drivers to easily and reliably charge their EVs by 2030.

John Lewis, CEO of Char.gy, shared his excitement about this milestone. He said: “We’re thrilled that Char.gy has achieved B Corp certification with a score of 100.2, meaningfully above the 80-point threshold. This milestone is only the beginning - being a B Corp means committing to continuous improvements, with recertification required every three years. As part of the process, we’ve also updated our Articles of Association, formally embedding Char.gy’s dedication to goals beyond shareholder profit. This change ensures that our commitment to positive impact and sustainable growth will continue to guide us far into the future.”

Surface transport accounts for nearly a quarter of the UK’s greenhouse gas emissions, making it the single largest contributor to the nation’s carbon footprint. Char.gy plays a critical role in addressing this challenge by reducing vehicle-related emissions and encouraging the adoption of EVs. The company’s focus on environmental sustainability was central to its B Corp certification journey. Key initiatives included reducing emissions intensity per charge point, with a target to halve this by 2030 from a 2023 baseline, and prioritising environmentally conscious manufacturing practices to lower embodied carbon.

Emma Walford, Founding Partner of Perigon Partners, praised Char.gy’s commitment to sustainable innovation. She said: “In supporting Char.gy with its sustainability strategy, it’s been clear how deeply rooted their values are. Char.gy doesn’t just set ambitious goals - they act on them, whether through supply chain improvements or their forward-thinking workplace policies. Their B Corp certification is richly deserved, and I’m excited to see how they continue to lead the charge in their sector.”

Char.gy’s achievements go beyond environmental goals. The company has also focused on fostering a supportive, inclusive workplace, earning recognition as a Great Place to Work in 2024. Employees benefit from industry-leading policies, and Char.gy’s ISO certifications highlight its dedication to operational excellence and customer satisfaction.

Chris Turner, Executive Director of B Lab UK, welcomed Char.gy to the B Corp community. He said: “We are delighted to welcome Char.gy to this movement of businesses committed to changing how business operates. The B Corp community believes business can and should be a force for good, and Char.gy’s certification reflects its leadership in driving positive change. They are well-positioned to set an example in the EV charging sector.”

Looking ahead, Char.gy is developing an expanded social value strategy, aiming to deliver meaningful benefits to the communities it serves. With B Corp certification providing a framework for continuous improvement, Char.gy is poised to further its mission to create a cleaner, greener future for all.

A detailed breakdown of Char.gy’s scores across environmental impact, governance, workers, community, and customer-focused criteria is available on its public profile in the B Corp directory.

ENDS

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